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India’s exports for the month of February 2016 stands at around USD 21 billion as compared to USD 22 billion in February 2015 registering a growth of around (-) 5.7%. During February 2016, the imports are registered at USD 27.3 billion as compared to USD 29 billion in February 2015, registering a growth of (-) 5 %. The balance of trade stands at around USD (-)6.5 billion during February 2016 as compared to USD(-)6.7 billion for February 2015.

Value of Foreign Trade

USD Billion

Period

December

January

February

Exports

FY16

22.3

21.1

20.7

Growth (%)

(-)14.7

(-) 13.6

(-) 5.7

Imports

FY16

34

28.7

27.3

Growth (%)

(-)3.8

(-)11

(-)5

Trade balance

FY16

(-) 11.7

(-) 7.6

(-) 6.5

Source: PHD Research Bureau, compiled from Ministry of Commerce and Industry, Govt of India

The cumulative value of exports for the period April-February 2015-16 is US$238.4 billion as against US$ 286.3 billion over the same period last year registering a negative growth of around (-)16.7% in Dollar terms. The cumulative value of imports for the period April-February 2015-16 is US$352 billion as against US$413 billion registering a negative growth of (-)14.7% in Dollar terms over the same period last year.

Trend in Exports and imports (%)

Source: PHD Research Bureau, compiled from Ministry of Commerce and Industry, Govt of India

January, 2016 Services Exports stands at USD 12.5 billion

India’s services exports for the month of January 2016 stand at around USD 12.6 billion and services imports stand at USD 6.8 billion in January 2016. The trade balance in services stands at USD 5.7 billion for the month of January 2016.

Value of Service Trade (USD billion)

Period

December 2015

January 2016

Exports

FY16

14

12.6

Imports

FY16

7.2

6.8

Trade balance

FY16

6.8

5.7

Source: PHD Research Bureau, compiled from Ministry of Commerce and Industry, Govt of India

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The new ones will join eight drivers from previous seasons for the 2016 championship

Over 560 aspiring racers from across the country registered for the selection process to participate in the Volkswagen Vento Cup 2016

The final round of driver selection process concluded in Pune at Indi Karting Track where top 12 were selected out of 62 finalists

Four drivers from New Delhi make it to the final grid of 20 for the Volkswagen Vento Cup 2016 season

Pune, March 16, 2016: Volkswagen Motorsport India concluded the driver selection process for its upcoming season of Vento Cup in Pune last week. The selection process gathered an overwhelming response receiving over 560 entries from across the country and lasted for over 45 days. Out of these 560 entries, 62 racers made it to the final round of the selection process and were invited to Pune’s Indi Karting Track for a two-day final selection process. After being judged on various criteria such as fitness, driving skills, grasping and learning ability and discipline, final 12 were selected for the Vento Cup 2016 season.

Eight drivers from previous seasons of Volkswagen Motorsport India’s Vento Cup and Polo Cup will complete the grid of 20 along with the 12 new drivers. The grid comprises of 20 drivers in all who hail from 11 different cities. The final drivers of the 2016 season will now undergo a Fitness Camp and a Pre-Season Testing before the first competitive round of the year.

Mr. Sirish Vissa, Head of Volkswagen Motorsport India, commented “Every year we receive a number of entries from aspiring racers showing their willingness to participate in the Vento Cup. It has been Volkswagen Motorsport India’s goal to develop and nurture young talent since its inception in 2009 and we are happy that we are able to coach so many drivers every year and provide them with a strong and robust platform like the Vento Cup.” He further added, “This year too we witnessed some very talented individuals who are willing to learn the skills of racing and make their mark in Motorsport. We have selected 12 new drivers this year who will join eight drivers from our previous seasons and battle for championship honours. Interestingly 17 drivers are up to the age of 26 years, which is good because they are the young ones whom we really want to groom.”

Volkswagen Motorsport India will run its premium one-make touring car racing series Vento Cup as a part of the 2016 MMSC FMSCI Indian Racing Championship. The 2016 season will comprise of a total of four rounds across three race tracks in India – Kari Motor Speedway, Coimbatore; Madras Motor Race Track, Chennai and Buddh International Circuit, Greater Noida. The season will commence from June 2016.

The following drivers will form the grid of the Volkswagen Vento Cup 2016*:

Sr. No.

Name

Age

City

1

Aditya Mhatre

22

Mumbai

2

Amit Mete

27

Aurangabad

3

Arfath Mohammed

19

Chennai

4

Arunshowry Vallabhaneni

21

New Delhi

5

Eswar Bolisetti

20

Visakhapatanam

6

Gowdham Murugan

26

Coimbatore

7

Harjee Wadia

17

New Delhi

8

Harshavardhan Saravanan

19

Chennai

9

Hatim Shabbir

20

Chennai

10

Ishaan Dodhiwala

25

Hyderabad

11

Ishan Bhardwaj

24

New Delhi

12

Keith Desouza

22

Goa

13

Mohamed Jamil

24

Pudukkottai

14

Nachappa Sivanesan

29

Chennai

15

Neha Dabas

25

New Delhi

16

Niranjan Todkari

22

Pune

17

Pradeep Rao

26

Mumbai

18

Rashad Khan

19

Pune

19

Sailesh Bolisetti

27

Visakhapatanam

20

Venkatraj Ellendula

20

Secunderabad

*The list of drivers is provisional and subject to changing under certain circumstances

About Volkswagen Motorsport India: Taking ahead 50 years of enriching global motorsport legacy of Volkswagen, Volkswagen Motorsport India commenced operations with the Polo Cup India in 2010. The series started off with a first- ever iconic race being held at Shri Shiv Chhatrapati Sports Complex at Balewadi in Pune, the hometown of Volkswagen in India. The vast global expertise, coupled with rich dynamic history of the Group has enabled Volkswagen Motorsport India to progress swiftly and become the best one make series in a short span of time. The Volkswagen Polo R Cup enhanced awareness as well as underlined the technological advancement and power of Volkswagen Polo in India. In 2015, Volkswagen Motorsport India shifted to Vento Cup and continued to provide a vital platform for the talented young racers to demonstrate their capabilities nationally and internationally by nurturing them. In the one-make series, all participating cars are technically identical with the same performance making it possible for only the most skilled drivers to leave an impact.

Successes in Indian Rallying: Under the Customer Sport Initiative, Volkswagen Motorsport India started providing teams and individuals running Volkswagen Polo rally cars in the Indian Rally Championship (IRC) with technical assistance and spares from 2013. The Volkswagen Polo ended 2013 and 2014 season by winning the 1600-cc class and grabbing numerous rally wins.

Gabrielle is a young woman with Williams syndrome who has a contagious joie de vivre and an exceptional musical gift. Since she met her boyfriend Martin, at the recreation centre where they are choir members, they have been inseparable. However, because they are “different,” their loved ones are fearful of their relationship. As the choir prepares for an important music festival, Gabrielle does everything she can to gain her independence. As determined as she is, Gabrielle must still confront other people’s prejudices as well as her own limitations in the hope of experiencing a love far from the “ordinary”.

——————————————————————————————————————

HENRI HENRI

Film Screening

Thursday, 17th March 2016, 2pm

M. L. Bhartia Auditorium, Alliance Française de Delhi

Initial release: 2013

Director and Writer: Martin Talbot

Running time: 100min

French with English subtitles

Free Entry. Open to all

Orphaned and forgotten by all, shy and unassuming Henri has created the perfect job to suit his unique talent. He maintains the lamps and light fittings at the convent he has called home for his entire life. When he is forced to leave the protective walls of the institution, he is suddenly thrown into a foreign environment and the real world quickly overwhelms him. While he dedicates himself to bringing light into the lives of others, his great sadness is that he remains unable to step out of the shadows. Armed only with his innocence and sincerity, he will try to help his kindred spirits, the lonely and the isolated, out of obscurity, so that he too may finally be seen in the eyes of the world. Above all, he will try to rekindle the flame in the heart of his secret love, Hélène, who has been living in darkness for so long.

Germaine Lauzon invites her sisters, sisters-in-law, and neighbors to her house to help her stick one million trading stamps, that she has just won, into booklets. Set in the working class district of Montreal, les Belles Soeurs brings together 15 women who narrate the drudgery of their mundane existence and their little joys. A funny play, replete with black humor, Les Belles Soeurs changed the course of theatre in Quebec.

The play reading has been conceptualized and is being presented by Dr. Vijaya Rao, French and francophone studies, School of Languages, JNU.

Followed by

Kathak performance by Anjali Patil

Born to the new generation of Kathak dancers and choreographers, Anjali Patil has trained in India under renowned gurus Padmabhushan Kumudini Lakhia and Late Pandita Rohini Bhate. As the founder and artistic director of Aroha Fine Arts in Ottawa, Patil has developed numerous group and solo choreographies that showcase her mastery and skill in Kathak with works that enchant and engage her audiences.

Press Release

(16 March 2016, New York) The inaugural meeting of the first-ever High-Level Panel on Women’s Economic Empowerment kicked off today during the 60th session of the Commission on the Status of Women. Operating under the aegis of the UN Secretary-General, it intends to put women’s economic empowerment at the top of the international agenda, including by defining actions to speed up progress under the 2030 Agenda for Sustainable Development. A global consultation will take place during the continuation of the meeting on 16 March.

Simona Scarpaleggia, CEO of IKEA Switzerland and a panel co-chair, said: “I firmly believe that there is huge potential that could be unlocked simply by valuing and empowering women. The energy, the power and creativity of women is badly needed—not only to make this world a better place, but to enable it to survive in the years to come. It is only by engaging the abilities of both women and men working together in partnership that the right steps can be taken towards building a sustainable world. This means the voices of both men and women must be heard at all levels of decision-making.”

Investing in women’s economic empowerment is intrinsic to achieving the 2030 Agenda. It leads directly to gender equality, poverty eradication and inclusive economic growth. Yet despite important progress, large gender disparities remain for women in both economic opportunities and outcomes, across all countries and regions.

“Economic empowerment of women means recognizing and valuing fairly all women’s work, for them to achieve their full potential and to contribute to national development,” said President Luis Solís of Costa Rica, the other panel co-chair.

The panel will produce two reports for the UN Secretary-General. Lead author Professor Laura Tyson will draw on rigorous evidence and broad-based consultations to highlight good practices and provide action-oriented recommendations. The process aims to promote women’s leadership in driving economic growth, and galvanizing commitment by governments, the private sector, the United Nations system and other stakeholders.

The Secretary of State of the United Kingdom, Justine Greening, said: “I am hugely proud to be part of the first-ever meeting of the UN High-Level Panel on Women’s Economic Empowerment, which marks a major step forward in the battle to close the gender gap in economies around the world. We now need to work hard to make sure it delivers real change for the world’s poorest women. Women’s economic empowerment is not just about financial independence and basic human rights; it’s also a major lever we can use to boost the global economy, because a country cannot successfully develop when half its population is left behind.”

Other members of the panel include the leaders of the International Monetary Fund, World Bank Group, UN Women and a diverse range of eminent gender equality actors, economics experts, academics, trade union leaders, and business and government representatives from all regions.

The Panel Secretariat is hosted by UN Women, backed by the Government of the United Kingdom and the World Bank Group. UN Women Executive Director Phumzile Mlambo-Ngcuka said: “UN Women welcomes the panel’s strong commitment to work together to provide thought leadership and accelerated action that irreversibly improves economic outcomes for women. We look to all panelists to lead and foster this with governments, development partners, the private sector and civil society.”

Through a public consultation on 16 March 2016 at UN Headquarters, a broad array of other actors, many active in advancing women’s economic empowerment, will contribute views on the panel’s work. Consultations will continue in various fora for several months, at the national and regional levels, and around specific themes.

Join the conversation on social media by following the hashtag #empowerwomen #CSW60 as well as @UN_Women on Twitter.

UN Women is the UN organization dedicated to gender equality and the empowerment of women. A global champion for women and girls, UN Women was established to accelerate progress on meeting their needs worldwide. For more information, visit www.unwomen.org. UN Women, 220 East 42nd Street, New York, NY 10017, New York. Tel: +1 646 781-4400. Fax: +1 646 781-4496.

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